Financial Pornography?
Payday loans in Canada are financial head shops, selling the illusion of help while trapping people in cycles of debt. Learn why they’re modern loan sharks.
Payday loans in Canada are financial head shops, selling the illusion of help while trapping people in cycles of debt. Learn why they’re modern loan sharks.
Is it a good idea to borrow money so that you can invest? Depends on the reason why. I borrowed to buy an RRSP once, to lower my income, but that was a very specific example.
In life, many times we do not have control of the events in our lives, and many times it is better to be lucky, to survive.
As Nortel teeters (teetered) on the edge of oblivion was there much that anyone could have done about it? Not really, bad management had doomed it for years. Joining into the “Buy Startups” game was a mistake, partnering with China was a mistake, Stock tom-foolery and Options to Management were a key mistake, that ended up this Canadian Tech “Leader”
#Nortel #Tech #CanFin
A library card is a frugal weapon in your arsenal of personal finance tools. The library is not just books any more, and you should use it!